Stock Selloff Spreads as Middle East Tension Rises: Markets Wrap.

European stocks, as well as Asian and US stocks, experienced a significant decline due to concerns over US interest rates, China's economic slowdown, and rising tensions in the Middle East. The Stoxx Europe 600 had its largest one-day drop since October, while the S&P 500 fell to its lowest point in over a month. The Israeli military's response to Iran's recent attack further contributed to market volatility. China's economic indicators showed an uneven recovery, with retail sales and industrial output falling short of expectations. The Japanese yen also faced pressure, reaching a 34-year low against the dollar. [Extracted from the article]

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